93
93
Apr 5, 2013
04/13
by
KCSM
tv
eye 93
favorite 0
quote 0
. >> translator: we will buy government bonds for monetary easing not to offset the budget deficit. >> bank of japan officials say they will exchange views closely with financial organizations to execute smooth purchases of government bonds. market players have reacted with enthusiasm to the boj easing measures. a leading expert has sounded a note of caution. the boj has taken a big step towards implementi ining econom. he said uncertainty and risks lie ahead. he explained changes in prices result from economic trends but economists are trying to change prices first. >> translator: there are hurdles. will the prize of goods rise? will there be pay rises? it's not known whether the economy will recover in the future? >> he also referred to the central bank suspension on bond purchasing. he said a future drop could cause concern in japanese markets. investors on u.s. markets too were cheered by measures taken by the boj. the dow jones closed at 14,606 up. let's go to ramin at the tokyo stock exchange. the boj took out all the stops yesterday. we saw a positive reaction in the markets. a
. >> translator: we will buy government bonds for monetary easing not to offset the budget deficit. >> bank of japan officials say they will exchange views closely with financial organizations to execute smooth purchases of government bonds. market players have reacted with enthusiasm to the boj easing measures. a leading expert has sounded a note of caution. the boj has taken a big step towards implementi ining econom. he said uncertainty and risks lie ahead. he explained changes...
177
177
Apr 6, 2013
04/13
by
FOXNEWSW
tv
eye 177
favorite 0
quote 0
so, it's something that seems like it's going to annoy democrats and not attack the deficit problem. >> jamie: let me let mercedes weigh in on that, it's interesting, christy is saying that the president's policy is not correct. >> well, i mean, i would agree in terms of that it's just not enough for the enentitlement reform. when you look at the budgets, our entitlements are eating away at our budget and in fact, also increasing to our deficits, so, to say that and then we-- the big elephant in the room is obamacare. with the tax hikes coming with obamacare, with all the regulation, i mean, we're looking atmajor impact on small business and the economy in general. he's not focused on the fact that we need to be creating the jobs and getting people off the government program and that's the opposite effect we're seeing with this president. >> jamie: i have to leave it there. maybe that's a topic for another segment. i hope to have you both back. thank you, great to hear both of points of view today. kelly. >> kelly: and very good to see what's going on there. the world watching for no
so, it's something that seems like it's going to annoy democrats and not attack the deficit problem. >> jamie: let me let mercedes weigh in on that, it's interesting, christy is saying that the president's policy is not correct. >> well, i mean, i would agree in terms of that it's just not enough for the enentitlement reform. when you look at the budgets, our entitlements are eating away at our budget and in fact, also increasing to our deficits, so, to say that and then we-- the...
59
59
Mar 29, 2013
03/13
by
CSPAN2
tv
eye 59
favorite 0
quote 0
either skill deficits, et cetera. what is the state of play? >> i would say we see that. if you look around the room and the panel here, probably a lot of us were inspired to join the industry because of the u.s. space program in the 60s and the speech from president kennedy and so forth really inspired a generation of scientists and engineers to come and work in the industry. i think we are starting to see some of those, some of the intellectual property beat the industry. it's hard to see how you inspire the next wave of excitement. we want people to work in this industry, not go to work at google or whatever. we need something to inspire the development of new aircraft or a next generation fighter aircraft or whatever. it's getting harder and harder to get them engaged and excited about the prospects for the industry because of the pressures we've been under and challenges. >> or companies about 50% military and 50% commercial. he can imagine the trick for a given what's happened in the market. were not having any trouble recruiting the talent they need because were no
either skill deficits, et cetera. what is the state of play? >> i would say we see that. if you look around the room and the panel here, probably a lot of us were inspired to join the industry because of the u.s. space program in the 60s and the speech from president kennedy and so forth really inspired a generation of scientists and engineers to come and work in the industry. i think we are starting to see some of those, some of the intellectual property beat the industry. it's hard to...
71
71
Apr 3, 2013
04/13
by
CSPAN2
tv
eye 71
favorite 0
quote 0
but also with the deficit. what it does do is provides very detailed road map of, you know, how are we going do things like provide, you know, more jobs by rebuilding roads and bridges. now our fiscal policies are well known. they have been talked about. they have been posted on the web. they have been in infographics. the reason is delayed because we didn't know -- our budget is different than congress' budget. ours is -- you know, line by line how you fund every program the federal government prior to, you know, very late on new year's eve/new year's day it was unclear what the revenue come together government would be. what the budget situation would be. we had to wait for it to get over. >> will it balance? >> it will follow the path of the bipartisan budget commissions that move us toward putting ourselves in a sustainable place. this idea about, you know, i know it's the new -- i read this in "politico," the talking point of the republicans they want to budget the balance. that's what paul ryan wasn't thi
but also with the deficit. what it does do is provides very detailed road map of, you know, how are we going do things like provide, you know, more jobs by rebuilding roads and bridges. now our fiscal policies are well known. they have been talked about. they have been posted on the web. they have been in infographics. the reason is delayed because we didn't know -- our budget is different than congress' budget. ours is -- you know, line by line how you fund every program the federal government...
139
139
Apr 2, 2013
04/13
by
CNBC
tv
eye 139
favorite 0
quote 0
we have a trade deficit. add to that we have some imports which i would like to avoid, for example, gold import. but our people have a particular attachment to gold and we have large gold imports. and we have import for defense equipment. so the current account deficit is very large. the current answer to that is exports. exports are a way to pay for imports. nevertheless, i think by depreciating the rupee -- well, i know the people have suggested that if you would depreciate the rupee, we will slow down imports. but that may not work. that may not work in a country that is dependent on oil imports. we import corn, we import capital goods, cooking oil, these are very essential imports. and i think the fact that the rupee appreciates may not slow down these imports. in fact, it may lead to the exact opposite result. namely, our import bill will be up in rupee terms. so i am not sure whether depreciating the currency is the answer to the current account deficit. >> do you think rates have room to decrease furth
we have a trade deficit. add to that we have some imports which i would like to avoid, for example, gold import. but our people have a particular attachment to gold and we have large gold imports. and we have import for defense equipment. so the current account deficit is very large. the current answer to that is exports. exports are a way to pay for imports. nevertheless, i think by depreciating the rupee -- well, i know the people have suggested that if you would depreciate the rupee, we will...
80
80
Apr 3, 2013
04/13
by
CSPAN
tv
eye 80
favorite 0
quote 0
we've never had a trillion dollar deficit. >> we're running trillion dollar deficits. the way you get rid of it is a billion at a time. >> it's almost designed to create waste. the system will have to change for the waste generation to slow down some. >> i think you'll find both sides, my party, the left will be saying no changes to entitlements whatsoever. the far right, they'll be saying no revenue whatsoever. something somewhere between the 40-yard line. >> when reagan was president and tip o'neill was speaker of the house, and those are both extremes of both of the parties at the time, but they were willing to compromise and do something for the good of the american people. >> no amount of waste is acceptable, not when it's your money. what should be easy is getting rid of the pointless waste and stupid spending that doesn't benefit anybody. >> it's not acceptable if it really constitutes waste. >> you can't be 100% efficient all the time. but i think the level that the waste is at is unacceptable. >> i don't think there's a way you can cut out all waste, but i thi
we've never had a trillion dollar deficit. >> we're running trillion dollar deficits. the way you get rid of it is a billion at a time. >> it's almost designed to create waste. the system will have to change for the waste generation to slow down some. >> i think you'll find both sides, my party, the left will be saying no changes to entitlements whatsoever. the far right, they'll be saying no revenue whatsoever. something somewhere between the 40-yard line. >> when...
16
16
tv
eye 16
favorite 0
quote 0
it costs billions of dollars every year it's one of the reasons why you have such a huge government deficit and and and it contributes to an inefficient labor market . and a very sad you know stupidly subsidized distorting system what would be available is think i'm sorry. certainly while i was wonder what would be appropriate if we were to establish something like you're suggesting here in the united states where it's universal everybody has a whether they work or not unconditional. for every man woman and child what would be a foundational amount of this thomas paine amount what would what would be the amount that each person should get in your mind as a minimum we have just a minute i think. yeah i think i think one would have to. develop it it according to the country and what we say is in fact you have to build towards the base is going to come gradually converting your existing social transfers your means tested benefits like snap and so on into an unconditional benefits and put them together so that you would gradually move to paying a subsistence standard of living i can imagine for
it costs billions of dollars every year it's one of the reasons why you have such a huge government deficit and and and it contributes to an inefficient labor market . and a very sad you know stupidly subsidized distorting system what would be available is think i'm sorry. certainly while i was wonder what would be appropriate if we were to establish something like you're suggesting here in the united states where it's universal everybody has a whether they work or not unconditional. for every...
142
142
Apr 6, 2013
04/13
by
KRON
tv
eye 142
favorite 0
quote 0
now, the truth is, our deficits are already shrinking. if we want to keep rebuilding this economy on a stronger, sturdier foundation for growth - growth that creates good, middle-class jobs - we need to make smarter choices. this week, i'll send a budget to congress that will help do just that - a fiscally-responsible blueprint for middle-class jobs and growth. >> what is really raising eyebrows. a proposed cut to how social security benefits are calculated. the proposal is not sitting well with democrats. the president also hoped to compromise with republicans in the republican address, kansas governor sam brownback says that ideas for fixing the federal government are coming from the states. >> disgraced c-i-a director david petraeus is talking again to federal investigators. f-b-i agents interviewed petraeus at his home in arlington, virginia friday. it was part of the ongoing investigation into whether he leaked any classified with a fellow female officer. petraues resigned as head of the c-i-a when his extramarital affair with his bi
now, the truth is, our deficits are already shrinking. if we want to keep rebuilding this economy on a stronger, sturdier foundation for growth - growth that creates good, middle-class jobs - we need to make smarter choices. this week, i'll send a budget to congress that will help do just that - a fiscally-responsible blueprint for middle-class jobs and growth. >> what is really raising eyebrows. a proposed cut to how social security benefits are calculated. the proposal is not sitting...
84
84
Apr 5, 2013
04/13
by
CSPAN
tv
eye 84
favorite 0
quote 0
this represents a balanced approach to our deficit challenges. if there is a willingness by republicans to compromise, as opposed to pursuing ideological purity, we can get something done for the american people. cpi, most people focus on social security. it affects a whole range of federal programs. meanare saying this will cuts in veterans benefits. or $300anders say $200 a year for some veterans. think the application of these -- this proposal exempts certain categories of vulnerable americans. that was the case last year and that will be the case in the president's budget. i will have to ask you to wait until wednesday. i want to give you something to cover next week. i do not have the specific itemized breakdown of how this works. i would wait for the budget for those. this is not what the president would do if he were keen for -- king or what he would do if only people who supported his proposals were in congress. this will protect seniors and helped secure the middle class and give ladders to those who want to get into the middle class. it
this represents a balanced approach to our deficit challenges. if there is a willingness by republicans to compromise, as opposed to pursuing ideological purity, we can get something done for the american people. cpi, most people focus on social security. it affects a whole range of federal programs. meanare saying this will cuts in veterans benefits. or $300anders say $200 a year for some veterans. think the application of these -- this proposal exempts certain categories of vulnerable...
62
62
Mar 29, 2013
03/13
by
CSPAN2
tv
eye 62
favorite 0
quote 0
the treaty was to limit deficit in gdp to 3%. just who is the first to break it? germany and france. what examples are countries in southern europe which is broken. she's adamant the fiscal pact go through and she is right because he cannot move forward the euro zone unless you have a fiscal pact to match the monetary union. a lot of work has to be done on that. these are the three things necessary to get the euros sounds and most of europe back to growth. it's not going to be easy. i think i would just say to you that the banking system in europe and a number of you know it very well, wilbur is getting himself involved in it unfortunately. but the countries and businesses depend on the banking system than they do in the united states because we have a more developed capital market and have the less developed capital market. saw those developing more rapidly because of the bank's problems. the key to getting him back is the banking system. all the things i mentioned are very important. the european central bank has put in three months or 1%. they did that a year a
the treaty was to limit deficit in gdp to 3%. just who is the first to break it? germany and france. what examples are countries in southern europe which is broken. she's adamant the fiscal pact go through and she is right because he cannot move forward the euro zone unless you have a fiscal pact to match the monetary union. a lot of work has to be done on that. these are the three things necessary to get the euros sounds and most of europe back to growth. it's not going to be easy. i think i...
91
91
Apr 2, 2013
04/13
by
CSPAN2
tv
eye 91
favorite 0
quote 0
politicians have incorrectly assessed this and carry the deficit and debt issues. it was an important issue a long time ago. >> host: but it is it really true that young people are thinking and caring about this principle? dash i think that -- i don't know anyone in this country that has a detailed plan for how to it address these things. but i think that we understand the principle behind not wanting to be stuck with having to pay this bill down the road. that is something we have been aware of. many people have been talking about it. >> host: leaving the millennial view is on the economy? these are not good. they might be optimistic guess i'm not sure that they are wrong in the long-term. it is an optimism geared towards the future will be better. we believe that we might be able to be job creators. young people starting companies, the rise of entrepreneurialism. 15% of students right out of college are actually starting businesses. which is up 300% pointless 20 years ago. ..
politicians have incorrectly assessed this and carry the deficit and debt issues. it was an important issue a long time ago. >> host: but it is it really true that young people are thinking and caring about this principle? dash i think that -- i don't know anyone in this country that has a detailed plan for how to it address these things. but i think that we understand the principle behind not wanting to be stuck with having to pay this bill down the road. that is something we have been...
73
73
Apr 6, 2013
04/13
by
KQED
tv
eye 73
favorite 0
quote 0
the book is it's not sustainable, and when it stops which will have to, the fed money printing, the deficits, we're going to be in for a period of huge adjustments. >> here's what you said. the united states was broke. >> fiscally, morally, intellectually. and the fed has insighted a global currency war. now here's what happened. a whole bunch of people stepped forward to say and this includes paul krugman who some say ben wright, he says actually i was disappointed in stockman's piece. i thought there would be some kind of real argument. instead it is just a series of gee whiz context and model free numbers embedded in eye rant and not even an interesting rant t is cranky old man stuff, sad. paul krugman. >> you know what, he was a young man working on the white house staff under reagan. he seemed to be like a pretty pleasant, astute guy, something went wrong over the last 30 years, maybe it is that aging doesn't suit some people well. but i would make the point that in 202 krugman actually said after the dotcom crash greenspan needs to create another bubble to get it going, let's have a ho
the book is it's not sustainable, and when it stops which will have to, the fed money printing, the deficits, we're going to be in for a period of huge adjustments. >> here's what you said. the united states was broke. >> fiscally, morally, intellectually. and the fed has insighted a global currency war. now here's what happened. a whole bunch of people stepped forward to say and this includes paul krugman who some say ben wright, he says actually i was disappointed in stockman's...
133
133
Apr 5, 2013
04/13
by
FOXNEWSW
tv
eye 133
favorite 0
quote 0
it is what he believes is a fair and balanced approach to our deficit challenges. >> but what is really upsetting the left as you noted is this thing called chain cpi. what that means is a recalculation to the way you calculate inflation and that would change government benefits. like social security and how much people would receive. bernie sanders, an independent from vermont, who is a socialist said quote i'm terribly disappointed and do everything in my power to block president obama's proposal to cut benefits for social security recipients through a chained consumer price index. when you have folks on the left fighting this right away it can help the president politically to show he is trying to add pain to this budget it may be hard to get democratic votes for this budget up on capitol hill, jon. >> jon: democrats upset about entitlements, republicans not happy about tax hikes? >> that's right. because john boehner is saying what this is that's coming on the table next week in this budget officially is basically what john boehner and the president disagreed over in december during
it is what he believes is a fair and balanced approach to our deficit challenges. >> but what is really upsetting the left as you noted is this thing called chain cpi. what that means is a recalculation to the way you calculate inflation and that would change government benefits. like social security and how much people would receive. bernie sanders, an independent from vermont, who is a socialist said quote i'm terribly disappointed and do everything in my power to block president...
159
159
Apr 1, 2013
04/13
by
LINKTV
tv
eye 159
favorite 0
quote 0
the white house says the plan would not add to the deficit, meaning it would likely rely at least in part on private funding. the latest report card from the american society of civil into gave theengineers state of u.s. infrastructure a grade of d plus. nearly three dozen former educators have been indicted in atlanta, georgia on charges of involvement in a massive cheating scandal at public schools. among those charged was the atlanta school district's former superintendent. prosecutors say teachers were forced to modify incorrect answers and students were even allowed to fix their responses during exams. several dozen members of the ku klux klan rallied in memphis on saturday to protest the renaming of three city parks that had honored confederate soldiers. the demonstrators carried signs bearing swastikas and engaged in chants of "white power." it was the first klan rally in memphis and 15 years. tens of thousands of people attended the wsf for nearly 130 countries, the first time the forum was held in an arab country, once considered the birthplace of the arab spring. on top of
the white house says the plan would not add to the deficit, meaning it would likely rely at least in part on private funding. the latest report card from the american society of civil into gave theengineers state of u.s. infrastructure a grade of d plus. nearly three dozen former educators have been indicted in atlanta, georgia on charges of involvement in a massive cheating scandal at public schools. among those charged was the atlanta school district's former superintendent. prosecutors say...
56
56
Mar 29, 2013
03/13
by
CSPAN2
tv
eye 56
favorite 0
quote 0
also drove up the problem with big deficits and they weren't attended to. in each one of these do have somewhat of a different reason. the case of italy, a dead to gdp of 120% and growing and a lack of action to do anything about it by the former government came as a technician and technicians are great, with a period of time is limited because they have no popular support vis-À-vis an election, whether p. crease or italy and we'll see how it does. you need popular mandates to get these changes really through. i'm encouraged in the case of ireland they are making good progress getting back to the market, but there's still a lot of problems. the latest victim in cyprus. they ran up the
also drove up the problem with big deficits and they weren't attended to. in each one of these do have somewhat of a different reason. the case of italy, a dead to gdp of 120% and growing and a lack of action to do anything about it by the former government came as a technician and technicians are great, with a period of time is limited because they have no popular support vis-À-vis an election, whether p. crease or italy and we'll see how it does. you need popular mandates to get these...
51
51
Apr 2, 2013
04/13
by
CSPAN2
tv
eye 51
favorite 0
quote 0
leaders take a page from that book, for example, and when they're discussing the budget and the budget deficit and the national debt, surround themselves with children and say you've just mortgaged the future in each of these tax paying children is going to inherit $380,000 of debt. >> gosh, i have so much to say about that. [laughter] we are playing this game, and i realize inned this in our campaign as well. we're playing this game where we're playing by the rules. weaver the only ones maying by the rules. [applause] and in our heads we think, you know, that's kind of cheesy where we would, why would we use our children even though we're doing everything we can to protect our children. i have to tell you, i went to -- i woke up one morning, and all over the news plastered mia doesn't like autistic kids. he, my opponent got up, and he just kind of went to an autistic school and said she's going to eliminate funding for, you know, for these students. but that's what i mean by they will win at all costs. so we have to be smart. when it comes to personal messaging, yes, i mean, i do believe that
leaders take a page from that book, for example, and when they're discussing the budget and the budget deficit and the national debt, surround themselves with children and say you've just mortgaged the future in each of these tax paying children is going to inherit $380,000 of debt. >> gosh, i have so much to say about that. [laughter] we are playing this game, and i realize inned this in our campaign as well. we're playing this game where we're playing by the rules. weaver the only ones...
143
143
Apr 3, 2013
04/13
by
CNBC
tv
eye 143
favorite 0
quote 0
board members are thought to be concerned that a stronger commitment to buying more jgbs is a sign of deficit financing may take longer than expected to reach consensus. back to you. >> all right. thank you very much for that. interesting to see if you just have a quick comment here the japanese market responding up 3% when it sounds like a lot of this should have been expected. >> i think the good news here is they are talking about it now rather than than 2014. that had been the plan. the key question in my mind is the money which is effectively available as a result of this former qe, how is it going to be deployed? is it going to be deployed to avoid structural reform as is the case in the u.k., i don't see that being stimulative. if it is to apply for infrastructure projects, that could be interesting indeed. >> you're not bullish on structural reform. you want the helicopter basically? >> i want to see fiscal stimulus to produce production possibilities outwards. >> production possibility? this is why we love having you on the program. what you want to see is to change product capacity
board members are thought to be concerned that a stronger commitment to buying more jgbs is a sign of deficit financing may take longer than expected to reach consensus. back to you. >> all right. thank you very much for that. interesting to see if you just have a quick comment here the japanese market responding up 3% when it sounds like a lot of this should have been expected. >> i think the good news here is they are talking about it now rather than than 2014. that had been the...
343
343
Apr 1, 2013
04/13
by
CNBC
tv
eye 343
favorite 0
quote 0
fiscal policy aimed at reducing the deficit. along the way, the estimate is, of most commitments, that reducing government spending will reduce jobs. by almost 800,000. so my question is this. does the federal reserve have it wrong and should it not be aimed at unemployment? or should the fiscal side adopt an unemployment target. don't cut spending, don't raise taxes as long as unemployment is above 6.5%. >> it's not hurting the economy. but i don't think the $80 million hurts. i think we have real traction. low mortgage rates helped on housing. real traction in the economy the fed could start throttling back. they won't. >> i think it makes total sense to me. if we have to get off the jump of fiscal spending the easy way is to go to the methadone clinic and get easy money. that's where we are. >> the most important thing is bringing down the the unemployment rate. then you have a government that decides to cut spending and is willing to accept the consensus 750,000 fewer jobs and a rise in the unemployment rate. >> it's a scare
fiscal policy aimed at reducing the deficit. along the way, the estimate is, of most commitments, that reducing government spending will reduce jobs. by almost 800,000. so my question is this. does the federal reserve have it wrong and should it not be aimed at unemployment? or should the fiscal side adopt an unemployment target. don't cut spending, don't raise taxes as long as unemployment is above 6.5%. >> it's not hurting the economy. but i don't think the $80 million hurts. i think we...
179
179
Apr 4, 2013
04/13
by
CNBC
tv
eye 179
favorite 0
quote 0
. >> where does that leave us with the deficit plan? are you saying economic growth will be weaker than expected? >> in spain, yes. you know there's a negotiation going on right now between spain and the european commission. and the commission wants the 5.5%. the point is simply when you do a fiscal tightening, which is being done in spain which is very risky, and you have a credit crunch at the same time, your economy is affected very badly and then the impact of your fiscal tightening is not that big. >> everybody has come out and acknowledged that the supply is wrong and we have no way of adjusting it. they come out and acknowledge this and can then keep piling on the same medicine. i don't understand. >> no, i agree with that. and i think what you would like to do is extend it at the end of the day so that the gpd doesn't collapse. if you have at the same time the fiscal tightening -- >> banking group. >> or growth. growth would be great right now. >> not just the ecb, the bank of england is expected to hold back today when it holds
. >> where does that leave us with the deficit plan? are you saying economic growth will be weaker than expected? >> in spain, yes. you know there's a negotiation going on right now between spain and the european commission. and the commission wants the 5.5%. the point is simply when you do a fiscal tightening, which is being done in spain which is very risky, and you have a credit crunch at the same time, your economy is affected very badly and then the impact of your fiscal...
169
169
Apr 5, 2013
04/13
by
KPIX
tv
eye 169
favorite 0
quote 0
hearing about what president obama is prepared to offer republicans to try and get a compromise on deficit reduction. political reporter jamie dupree joins us from washington d.c. there's work word the president is willing to make cuts to social security. you're saying these aren't really cuts right? >> it's the age old thing, as you look at it tori. some people will call it a cut. it's an effort to reduce the level of increase in government benefits. this is known as chain cpi, and it has a lot of ops session in democratic circles and liberal circles in congress and across the country. it's a new way to figure out how much benefits should go up each year for cost of living adjustments, for inflation. a lot of people say this is a better representation of what the actual increase should be, and it's a little lower. it would save ultimately when you add it up about $200 billion plus over ten years, and so that would mean less money going out the door. a lot of people say it's cut because people won't get as much in benefits as they otherwise would have gotten. realistically it's holding dow
hearing about what president obama is prepared to offer republicans to try and get a compromise on deficit reduction. political reporter jamie dupree joins us from washington d.c. there's work word the president is willing to make cuts to social security. you're saying these aren't really cuts right? >> it's the age old thing, as you look at it tori. some people will call it a cut. it's an effort to reduce the level of increase in government benefits. this is known as chain cpi, and it...
124
124
Apr 5, 2013
04/13
by
KTVU
tv
eye 124
favorite 0
quote 0
hearing about what president obama is prepared to offer republicans to try and get a compromise on deficit reduction. political reporter jamie dupree joins us from washington d.c. there's work word the president is willing to make cuts to social security. you're saying these aren't really cuts right? >> it's the age old thing, as you look at it tori. some people will call it a cut. it's an effort to reduce the level of increase in government benefits. this is known as chain cpi, and it has a lot of ops session in democratic circles and liberal circles in congress and across the country. it's a new way to figure out how much benefits should go up each year for cost of living adjustments, for inflation. a lot of people say this is a better representation of what the actual increase should be, and it's a little lower. it would save ultimately when you add it up about $200 billion plus over ten years, and so that would mean less money going out the door. a lot of people say it's cut because people won't get as much in benefits as they otherwise would have gotten. realistically it's holding dow
hearing about what president obama is prepared to offer republicans to try and get a compromise on deficit reduction. political reporter jamie dupree joins us from washington d.c. there's work word the president is willing to make cuts to social security. you're saying these aren't really cuts right? >> it's the age old thing, as you look at it tori. some people will call it a cut. it's an effort to reduce the level of increase in government benefits. this is known as chain cpi, and it...
103
103
Mar 29, 2013
03/13
by
CSPAN
tv
eye 103
favorite 0
quote 0
that might be more important than knowing how they feel about the deficit. >> but the camera always lies. i don't believe for one second look, you read a landmark book. it has been 40 years that we have been dealing with this phenomenon. the nixon-kennedy bates. we are -- debates. we are trusting image. >> no, there are truths here. kennedy was more likable than nixon. even nixon liked kennedy more. [laughter] >> many of the things occurred, he might not have been more likable. >> let's get another question. >> hi. as a former longtime print reported that handles social media on a new site, i'm curious. you talk about the speed driving the decision making process. the other thing you did not get of bigs the impacts data, our understanding of the stories that people want to watch. part of what is driving the infotainment interest is that what are the audiences are showing in a very hard to refute way what they want to follow. it is him is like big data in understanding the hard numbers of social media and seo are changing. they are going with the money us. -- is. rue.hroug that happened t
that might be more important than knowing how they feel about the deficit. >> but the camera always lies. i don't believe for one second look, you read a landmark book. it has been 40 years that we have been dealing with this phenomenon. the nixon-kennedy bates. we are -- debates. we are trusting image. >> no, there are truths here. kennedy was more likable than nixon. even nixon liked kennedy more. [laughter] >> many of the things occurred, he might not have been more...
164
164
Apr 6, 2013
04/13
by
KTVU
tv
eye 164
favorite 0
quote 0
not of in sprinkles to make a dent in our deficit. extended forecast, we're going to continue with this unsettled pattern, we call it, into sunday, maybe even a better chance at a few sprinkles on sunday. drying out by monday and then a big warming trend will hit us tuesday into wednesday. back to you. >>> two san francisco tourists are in the hospital this morning. what we have learned about what happened right before both victims were stabbed. >> and staying open around the clock. the new law that will allow some berkeley businesses to never shut their doors to customers. when that law goes into effect and the other changes now being considered. >> and an suv carrying a family of five crashes right into a river and starts to sink. coming up, hear from the kayaker that came to the rescue and why he was worried he had run out of time. well, well, well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and d
not of in sprinkles to make a dent in our deficit. extended forecast, we're going to continue with this unsettled pattern, we call it, into sunday, maybe even a better chance at a few sprinkles on sunday. drying out by monday and then a big warming trend will hit us tuesday into wednesday. back to you. >>> two san francisco tourists are in the hospital this morning. what we have learned about what happened right before both victims were stabbed. >> and staying open around the...